Understanding Project Management Methodologies

Which of the following is a primary responsibility of a project manager?

• Approving project funding

• Planning, executing, and closing projects

• Writing code for the project

• Designing the company logo

Who is typically responsible for providing resources and support for a project?

• Project team member

• Project sponsor

• Project customer

• Project manager

Which methodology is best described as iterative and adaptive, with frequent reassessment and adaptation of plans?

• Waterfall methodology

• Agile methodology

• Lean methodology

• Critical path method

Which of the following is a key principle of Lean methodology?

• Maximising waste

• Delivering value to the customer and minimizing waste

• Following a strict sequence of phases

• Avoiding stakeholder engagement

In the Waterfall methodology, which phase comes immediately after the design phase?

• Testing

• Implementation

• Requirements gathering

• Maintenance

Which role is primarily responsible for leading the project team and ensuring project objectives are met?

• Project sponsor

• Project manager

• Project customer

• Project stakeholder

Which of the following best describes stakeholder engagement in project management?

• Ignoring stakeholder feedback

• Involving stakeholders throughout the project lifecycle

• Only consulting stakeholders at the end of the project

• Allowing stakeholders to manage the project

What is the main focus of risk management in projects?

• Eliminating all risks

• Identifying, assessing, and mitigating risks

• Ignoring potential problems

• Delaying risk analysis until project completion

Which of the following is NOT a phase in the typical project lifecycle?

• Initiation

• Planning

• Execution

• Marketing

Which methodology is best suited for projects with well-defined requirements and a clear sequence of activities?

• Agile methodology

• Waterfall methodology

• Lean methodology

• Scrum